News Now LiveWire
 NCUA site to be down from 7 a.m-2 p.m. (ET) Sat. Launching another re-design--trying to get more user friendly. 1 day ago
About 1M in S Calif heard CUNA's Mica yesterday on local radio about MBLs, how bankers try to block cap increase http://tinyurl.com/yzszcxu 1 day ago
MarketWatch says federal appeals court ruled Fed must ID banks that could have failed if not for Fed's emergency lending. 1 day ago
CUs consistently, significantly outperform banks in support, value, ease of conducting business, and products/services--new Filene report. 2 days ago
NFCDCU/Treasury webinar on Treas.'s Community Development Capital Initiative today 2 p.m. ET. For more: http://tinyurl.com/ylhha27 2 days ago
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March 19, 2010
CUNA seeks CU improvements in Dodd's consumer protections
Washington
CUNA encouraged Sen. Chris Dodd (D-Conn.) to consider adding language that gives his proposed Bureau of Consumer Financial Protection "the authority to delegate examination authority for large credit unions to the prudential regulator" rather than limiting the National Credit Union Administration's authority to credit unions with under $10 billion in assets. 
Schumer tells Bloomberg; MBLs good in job stim bills
Washington
Sen. Charles Schumer, a supporter of increasing the credit union members business lending cap, said this week he'd like to see a cap lift included in a package of job-stimulus proposals the Senate is currently considering.
Mica urges MBL passage via major L.A. radio interview
Washington
Interviewed on a major news-talk Los Angeles radio station yesterday, CUNA President/CEO Dan Mica emphasized credit unions could make $10 billion in loans to help small businesses and create 108,000 new jobs if the U.S. Congress passes legislation raising the current statutory cap. And he said an upcoming jobs package would be a likely vehicle to advance the bill.
BizKid$ aired on 99% of PBS stations
CU/System
BizKid$, the youth-focused and credit union-funded financial education show, is airing on 99% of PBS stations.
NCUA proposes to tighten CU mergers, conversion process
Washington
The National Credit Union Administration has proposed a significant rewrite of portions of Sections 701, 708a, and 708b of its rules to address the fiduciary duties of federal credit union directors, credit union to bank mergers, and charter and insurance conversions.
CU to sell auto business attacked by dealers
CU/System
Educators CU has decided to divest its auto dealership, Educators Auto and Lease, and is in the final stages of a purchase agreement.
Vermont interchange amendment would hurt CUs
CU/System
An amendment to Vermont Senate bill S.138 has brought the controversy over merchant plastic card fees to the statehouse, and it would be a "disaster for credit unions," said the Association of Vermont Credit Unions.
H&FF Radio plumbs security breaches, military family resources
Consumer
Sunday's H&FF Radio program delves into consumer security breaches, buying food locally, teaching your kids the psychology of money, and resources for military personnel and their families.
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